Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 4, 2022
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Atari Losses To Reach $70 Million

Atari Losses To Reach $70 Million

July 3, 2007 | By David Jenkins




According to a new regulatory filing, as reported by website NewYorkBusiness.com, publisher Atari (Alone In The Dark) is to report a wider than expected loss for its financial year ending March 31st.

The U.S. arm of troubled French publisher Infogrames is now set to report a loss of $71.3 million, compared to a loss of $69 million in the previous year. The company previously announced that sales for the year were approximately $121.6 million.

The full financial earnings results were delayed in order to finalize the amount of a goodwill impairment charge for the fourth quarter, brought about by a drop in its market capitalization (the company's stock price multiplied by the number of outstanding shares).

This charge is now put at a full $54.1 million. Without this charge, the company has calculated it would have experienced a loss of only $17.2 million, significantly better than the previous year.

The struggling company recently cut its workforce by 20 percent - as part of a restructuring plan which has also seen the sale of many of Infogrames' internal studios and franchises such as Stuntman and Driver. It is looking to refocus on lower-budget and casual console titles.


Related Jobs

Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead Physics Programmer
Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead UI Programmer
Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead Graphics Programmer
Build a Rocket Boy Games
Build a Rocket Boy Games — Edinburgh, Scotland, United Kingdom
[07.04.22]

Lead Animation Programmer









Loading Comments

loader image